President Donald Trump issued an executive order slapping tariffs on many of America's trading partners but the new duties are set to go into effect in seven days.Trump also continues to face questions over his administration's handling of the Jeffrey Epstein files and his relationship with the accused sex trafficker.

US President Donald Trump continued his verbal attacks on Federal Reserve Chairman Jerome Powell on Friday, calling the country's key central banker "a subborn MORON" in a post on his Truth Social media platform.

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to lower interest rates could risk unnecessary damage to the labor market.

The two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said on Friday they did so largely due to rising concerns about the job market, in statements made public just ahead of the release of hiring data that bolstered their position.